October 2, 2017 no comments 1078
Dubai: The UAE is slowly adding more multi-millionaires back to its wealthy population, with the number of high-net-worth individuals (HNWIs) reaching 55,700 in 2016 after plunging from a recent peak. The 2017 World Wealth Report released on Thursday by business consultancy Capgemini,...

October 1, 2017 no comments 1248
The project is scheduled for handover in the first quarter of 2020 Abu Dhabi’s Aldar Properties has announced the awarding of a Dhs745m ($202.8m) contract to Construction Group Contracting House for its mid-market The Bridges residential development on Reem Island. The contract...

October 1, 2017 no comments 1081
Excise duty came into force on Sunday, doubling the price of tobacco and energy drinks Packets of cigarettes were reportedly in short supply in the UAE over the weekend ahead of country’s excise duty on ‘harmful products’ coming into force on Sunday. The UAE’s Excise Tax, which was...

October 1, 2017 no comments 1380
Emaar set to market the landmark on conjunction with its Burj Khalifa 'At the Top' experience Dubai Frame, the latest landmark on the emirate's growing skyline, is set to open next month, and will feature a look at the city's past, present and future. A Dubai Municipality project,...

October 1, 2017 no comments 1113
32 km route laid in residential areas The RTA has completed 90% of a new cycling runway in the Mushrif, Mirdif and Khawaneej areas, Director General and Chairman of the Roads and Transport Authority (RTA), Mattar Al Tayer has announced. The 32 km route, expected to be completed in...

October 1, 2017 no comments 1105
Gulf General Insurance Company (GGICO) has signed a restructuring deal on a debt pile of $584 million (2.1 billion UAE dirham) after negotiating agreements with a majority of its creditors, the company said in a press release. Dubai-based GGICO, which has been in business since 1973, has...

October 1, 2017 no comments 1212
The noon.com e-commerce online retail platform first announced by Emaar Properties chairman Mohamed Alabbar in November last year has finally been launched. As exclusively revealed by Zawya last week, the platform has finally gone live after months of delays, with the app available for...

October 1, 2017 no comments 1276
Emirate listed second in ranking of 100 cities around the world Dubai has been ranked as the second best city for driving, according to a new German survey. Ranked across a range of factors, Dubai came in second in the list of 100 cities worldwide, behind the German city of...

October 1, 2017 no comments 1094
Travelling between any two points on the globe would take less than an hour Dubai to London or New York in 29 minutes? Or Sydney in 40 minutes? It’s all part of Elon Musk’s latest plan to build a new rocket ship - code named “BFR” - capable of traveling anywhere on Earth in under an...

October 1, 2017 no comments 1158
The Christie's Auction House and de Grisogono Jewellers will put up on display the world's largest pure colourless diamond at "The Art of de Grisogono" exhibition in Dubai from October 17 to 19. The expo and auction is aimed at showcasing a selection of the finest diamonds in the world. The...

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